According to the public record, 15, Millard Road, London is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Millard Road, London, SE8 is located in the borough of Lewisham within the SE8 postal district.
15, Millard Road, London has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Millard Road London as £324,427 and the rental value as £1,764 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 15 Millard Road London has increased by £1,774 (0.5%) and its rental value has increased by £85 per month (4.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Millard Road, London is in very good condition we estimate a sale value of £340,648 and rental value of £1,852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,717 and a rental value of £1,640 per month.
If you were able to purchase this property for the estimated value of £324,427, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,594 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 15, Millard Road, London was last sold on 30 Jun 2017 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Millard Road, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 26.01, Aragon Tower, George Beard Road, London, SE8 3AL, a Leasehold flat which sold for £400,000 in Nov 2023.
Read more about house prices in SE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millard Road, London, SE8 has a total of 116 addresses. According to our analysis of all the public data, 15, Millard Road, London is the 83rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in SE8.
15, Millard Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Millard Road, London is Deptford station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Millard Road, London, 53.6% of property is socially rented and 16.8% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Millard Road, London, 26.6% of residents are recorded as possessing school level qualifications and 52.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Millard Road, London, the average age was 33.2 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Millard Road, London, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Millard Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.